The guys over at Divergent Media, makers of the cool ScopeBox application, have announced the soon to be available ClipWrap. This upcoming piece of software will perform a nice little piece of magic in that it will take HDV files in the .m2t format, like those shot in a number of the HDV direct to disk cameras and re-wrap them in a Quicktime container for direct import and editing into Final Cut Pro or another Quicktime application. It does so without transcoding the media or any quality loss.